CHIEF FINANCIAL OFFICER Job Listing at Nebraska Hospital Association in Lincoln, NE (Job ID 20227260)

Description

The Nebraska Hospital Association's Chief Financial Officer (CFO) is a top-level executive who manages the organization's financial operations and is responsible for the organization's financial health. The CFO will oversee all NHA, NHA Foundation, and subsidiary financial activities, general accounting, and financial reporting. The CFO will play a vital role in the NHA's strategic initiatives, helping to predict the organization's financial future and support growth.

This position will also work closely with the NHA advocacy team on hospital revenue cycle policy issues to protect and maximize hospital members' interests. The CFO will build relationships with NHA members and the extended health care financial community. This position also provides oversight of the Medicaid directed payment program administration.

Responsibilities:

• Direct the preparation of all financial reports including income statements, balance sheets, tax returns, grant-required reporting, and any other financial reports for agencies, organizations, and the Board.
• Oversee the finance, accounting, and payroll functions of the organization.
• Prepare organization budgets, work with the management team for appropriate budget management, and provide direction to staff on fiscal matters.
• Provide oversight of annual financial audit and ensure that if a single audit is required, one is completed.
• Analyze monthly operations and financial reports to make projections for budget balancing.
• Study organization and economic trends for long-term projections.
• Manage banking, investment, and business insurance relationships for NHA and subsidiary companies.
• Lead the annual review and renewal of workplace benefits each year.
• Provide oversight of the Medicaid directed payment program and provider assessment administration.
• Supervise the Vice President of Medicaid Payment Administration, Director Medicaid Payments, Director of Accounting, and accounting staff.
• Maintain an in-depth knowledge of payer reimbursement principles and revenue cycle practices for health care services.
• Provide aggregate member financial analysis and follow-up guidance to member hospitals.
• Respond to health care finance-related inquiries from and provide guidance to member hospitals.
• Foster an open line of communication with peers, members, and other stakeholders related to the fulfillment of the NHA mission.
• Design reports, surveys, or other tools for special projects that support the Association and/or its members.
• Maintain an active role in the Healthcare Financial Management Association, including serving as an ex-officio member of the Nebraska HFMA Chapter Board of Directors.
• Participate in various stakeholder groups, including the A2 CFO Group, in order to be informed of current issues that affect other Associations.
• Act in other capacities as directed by the NHA President.
• Comply and adhere to all NHA policies and procedures.

Required Skills:

• The position requires a self-motivated individual who possesses excellent organizational skills, a high-level of enthusiasm, and a detail-oriented mindset.
• A strategic thinker, with strong analytical, problem-solving, and project management skills.
• Ability to communicate well with management, co-workers, and hospital members both individually and in group settings.
• Ability to work under pressure to meet deadlines.
• Maintain confidential information and demonstrate a high level of professionalism.
• Ability to adapt to changing priorities.
• Trustworthy, respectful, and possessing a high level of integrity.
• A high degree of intellectual curiosity – stays current in the health care space and is up to date on known issues and the ability to spot new issues as they begin to emerge.
• Proficiency in Microsoft Office suite, particularly Excel, and general knowledge of accounting software.
• Understanding of Medicare Cost Reports requirements, process, and information reporting.

Required Experience:

• Minimum of 5 years experience in a health care organization.
• Minimum of 5 years with a successful track record in finance/regulations.
• Experience in a high-visibility role where judgment, tact, flexibility, and resourcefulness are required.
• Knowledge of nonprofit trade associations (desired).
• HFMA Certified Healthcare Financial Professional (CHFP certification) preferred.